Shipping
Latest news and issues affecting the shipping industry.
Singapore, Australia establish green, digital shipping corridor
Singapore and Australia have signed a Memorandum of Understanding (MoU) to formally collaborate on establishing the Singapore-Australia Green and Digital Shipping Corridor (GDSC). The signing
IMO fails to act on Arctic black carbon emissions despite credible and direct pathway, say activists
As a meeting of the International Maritime Organization’s (IMO) Sub-Committee on Pollution Prevention and Response (PPR 11) closed February 23 in London, the Clean Arctic
Japan tops ship-owning nations with highest-valued fleet at US$206.3 billion
By Rebecca Galanopoulos-Jones, senior content analyst, Veson Nautical Singapore has fifth highest-valued fleet at US$86 billion as LPG vessel values sparked an increase in sale and
How Green Shipping Is Revolutionizing Maritime Industry
The maritime industry, long reliant on traditional fossil fuels, is undergoing a profound transformation driven by the urgent need to
Shipping players endorse InterManager’s new general principles
Industry players have given their support to InterManager’s General Principles of Conduct and Action, endorsing the impact they will have
Marine insurers continue to support trade in Red Sea, Black Sea
At its annual winter meeting in London, the International Union of Marine Insurance (IUMI) confirmed that the global marine insurance
Activists urge IMO to cut shipping’s black carbon emissions at Arctic region
As a meeting of the International Maritime Organization’s (IMO) Sub-Committee on Pollution Prevention and Response (PPR 11) opens February 19
Maersk, Hapag-Lloyd enter into operational cooperation
Denmark, India to boost green fuels sector
Denmark has announced its Green Fuels Alliance India (GFAI) initiative in a bid to boost collaborative efforts between the two countries in the sustainable energy
IKEA addresses climate, public health impacts of maritime shipping
The Ship It Zero coalition commends IKEA for addressing maritime shipping, while prioritizing sustainability and public health as reflected in the company’s FY23 Sustainability and
Ship managers pledge to raise quality standard
InterManager members have pledged their commitment to raising standards during the global shipmanagement association’s Annual General Meeting in London in January, during which Sebastian von
Suez Canal toll earnings set to continue falling, says analyst
By Rebecca Galanopoulos-Jones, senior content analyst, Veson Nautical As we enter in to the third month of escalating conflict in Yemen this has prompted significant rerouting
The law and practice of container shipping
Singapore Registry of Ships crosses 100 million gross tonnage
Worrying rise in maritime piracy incidents in 2023, says new report
Two workers killed at Gadani shipbreaking yards
The Role of Marine Traffic Tracking in the Modern World
Tensions in Red Sea “sky-high”, Houthis vow retaliation
The current instability in the Middle East may soon become completely out of control, UN Secretary-General Antonio Guterres warned at a press conference in New
The Rise of Low-Carbon Shipping in the Asia-Pacific Region
This 2024, high carbon dioxide (CO2) emissions continue to be one of the world’s most alarming problems. Based on the 2023 World Energy Outlook report
Shipping industry calls for Red Sea attacks to stop
The World Shipping Council, the International Chamber of Shipping and BIMCO January 3 expressed their thanks to the 12 nations that have jointly condemned the
The Depths of Big Data Insights in Maritime Logistics
The maritime industry is among the most complex and dynamic sectors in the world. It essentially plays a significant role in the overall global economy,
MOL, Pyxis to develop electric vessels for Singapore
Mitsui O.S.K. Lines (MOL) and Pyxis Maritime have signed a Memorandum of Understanding (MoU) to collaborate on joint development and marketing of the electric vessels
Exploring the Applications of Marine Biotechnology in Ocean Conservation
Marine biotechnology is a term that has been creating quite a buzz in the research industry over the past decades. Essentially, marine biotechnology is an
Singapore’s Pioneering Carbon Tax and its Business Implications
As the world continues to grapple with the impacts of climate change, such as hotter temperatures, more severe storms, rising ocean levels, and loss of
MOL introduces Starlink to 233 ocean-going vessels
Mitsui O.S.K. Lines (MOL) is going to install Starlink satellite communication service on 233 of its ocean-going vessels managed by MOL Group ship management companies.
Maritime Boundaries and the Evolving Law of the Sea
Philippines probes Chinese cyanide fishing in disputed South China Sea waters
The Philippine government is currently investigating claims made by Filipino fishermen that foreign fishers were using cyanide to fish in
Ship owners face criminal charges for massive Philippine oil spill
On February 28, 2023, the oil tanker M/T Princess Empress, carrying 800,000 liters of industrial fuel oil, sank in Oriental
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